Tennessee · 114th Regular Session (2025-2026) · Bill

HB 2427: Public Funds and Financing - As introduced, enacts the "Tennessee Transactional Gold and Silver Act," which recognizes gold and silver as legal tender for private transactions and, when accepted, for paying state and local taxes or fees; authorizes the creation of a secure bullion depository and an electronic payment system to support the use of gold and silver; exempts gold and silver transactions from state and local taxation. - Amends TCA Title 9, Chapter 4.

In committee Last action April 8, 2026: No Action Taken

Plain-language summary

HB 2427 is a bill introduced in the Tennessee House on February 3, 2026. According to its official title, it concerns: Public Funds and Financing - As introduced, enacts the "Tennessee Transactional Gold and Silver Act," which recognizes gold and silver as legal tender for private transactions and, when accepted, for paying state and local taxes or fees; authorizes the creation of a secure bullion depository and an electronic payment system to support the use of gold and silver; exempts gold and silver transactions from state and local taxation. - Amends TCA Title 9, Chapter 4. Primary sponsor: Ryan Williams (Republican). Most recent recorded action (April 8, 2026): No Action Taken.

Sponsors

Primary sponsor: Ryan Williams (Republican).